What Is Business Intelligence?
The concept of Business Intelligence encompasses the applications and workflows, protocols that gather information from data repositories and convert it into actionable intelligence that empowers leaders to make more informed business decisions.
At Wave, our proficiency includes a thorough understanding of your business processes as well as the software that accurately delivers intelligent information. We know what questions to ask and can determine the right data to resolve questions.
Understanding information discovery and being able to distill the answers can accelerate the decision-making process, optimize company operations, and increase workflow expediency. With this clarity, businesses can identify new revenue origins.
Is Microsoft Excel A Business Intelligence Solution?
Excel spreadsheets have been the go-to for analyzing and reporting on Business Intelligence. Microsoft’s Power BI improves Excel by administering a integrated enterprise platform is able to handle larger data origins and provides more ways to visualize that determine answers more rapidly.
Now, many files can be integrated into a solitary data set which removes the requirement for duplication and an inordinate amount of care.
These current solutions were built with the user experience in mind along with providing Business Intelligence and analytics features. Power BI is just one of many newer software that might be a logical next step for organizations in the Gilbert area already using Microsoft tools.
Do I Need A Business Intelligence Solution?
Possibly not. Solutions range in size from one user to a comprehensive enterprise program. Here are some paths to answer that question.
As the Gartner diagram shows, a Business Intelligence tool can consist of data warehouses, ETL processes, and tools that help to aggregate, synthesize, and provide information that empowers smart business directions.
